About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

UK Accelerated Settlement Task Force Releases Draft Recommendations for Transition to T+1 Settlement

Subscribe to our newsletter

The T+1 Technical Group (TGT) of the UK Accelerated Settlement Task Force (AST) has published its proposed recommendations for the UK’s transition from a T+2 to a T+1 securities settlement cycle. The draft recommendations, focusing on enhancing efficiency and reducing risk in equity market settlements, are open for consultation until 31 October 2024.

The global shift toward a T+1 settlement cycle aims to bring quicker and more efficient settlements through enhanced automation, expected to become standard practice within five years. Following the UK government’s commitment to move to T+1 by 31 December 2027, this interim report outlines key recommendations for market participants and invites feedback. The final report, expected in December, will incorporate stakeholder feedback and outline detailed timelines and guidance for the transition.

“This interim report is a key milestone in the UK’s journey to T+1 settlement and I’d like to extend my gratitude to all those involved in crafting this report and providing the depth of industry expertise needed to shape these draft recommendations,” says Andrew Douglas, Chair of the T+1 Technical Group. “As an independent, inclusive working group, supported by the public authorities, I’m calling on all market participants to engage in this consultation so that together we can ensure the final recommendations for implementation reflect the full spectrum of industry needs.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Get to grips with FRTB data and data management requirements

The Fundamental Review of the Trading Book (FRTB) sets out a revised market risk framework and proposals to improve capital requirements. Although the regulation’s compliance deadline is 18 months away and some details have yet to be finalised, financial institutions need to be preparing now as FRTB is complex, presents significant data management challenges and...

BLOG

World Federation of Exchanges Urges Regulators to Balance Quantum Risk with Near-Term Cyber and AI Threats

The World Federation of Exchanges (WFE) has called on regulators to balance long-term quantum computing risks against more immediate operational challenges in the financial sector. The association’s press release highlights a substantial gap between regulatory expectations for early preparation and the industry’s current prioritisation of nearer-term threats such as generative artificial intelligence (GenAI) and cyber...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...